Tuesday, 10 December 2024

Best Cash Management Bank in China goes to the Industrial and Commercial Bank of China

5 min read

By The Asian Banker

The winning bank has tackled exchange rate volatility by offering tailored cash flow management solutions and enhancing liquidity arrangements services with innovative innovations like integrated RMB and foreign FX fund pools. As results, the winning bank has seen significant improvements in settlement efficiency, reduction of financial costs, and enhanced global operations, supporting a customer base that includes over 80% of central SOEs and 30% of Fortune 500 companies.

For customer-centric innovations and strategic advancements, the award of Best Cash Management Bank in China goes to the Industrial and Commercial Bank of China.



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